Cannelton vs Troy

A side-by-side comparison of Cannelton and Troy: population, income, housing, and more.

Cannelton and Troy are places in Indiana. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Cannelton has the higher population (1,506 vs 539 in Troy). Troy has the higher median household income ($50,000 vs $35,900 in Cannelton). Troy has the higher median home value ($95,600 vs $85,600 in Cannelton).

Population, income & housing

	Cannelton	Troy
Population	1,506	539
Median age	36.3 yrs	32.6 yrs
Median household income	$35,900	$50,000
Median home value	$85,600	$95,600
Median gross rent	$719	$906
Housing units	760	211
Homeownership rate	50.5%	80.6%
Bachelor's degree or higher	8.4%	15.4%
Unemployment rate	14.4%	5.2%

Trends (ACS 5-year, 2019–2023)

	Cannelton	Troy
Population	1,470 → 1,506 (+2.4%)	384 → 539 (+40.4%)
Median household income	$28,922 → $35,900 (+24.1%)	$45,625 → $50,000 (+9.6%)
Median home value	$65,200 → $85,600 (+31.3%)	$70,600 → $95,600 (+35.4%)
Median gross rent	$553 → $719 (+30.0%)	$795 → $906 (+14.0%)

Cannelton

Population

1,4701,506

Median household income

$28,922$35,900

Median home value

$65,200$85,600

Median gross rent

$553$719

Troy

Population

384539

Median household income

$45,625$50,000

Median home value

$70,600$95,600

Median gross rent

$795$906

Age & race/ethnicity

Age distribution (share)

	Cannelton	Troy
Under 5	6.4%	6.9%
5 to 17	21.4%	32.7%
18 to 24	8.6%	3.9%
25 to 34	11.6%	10.6%
35 to 44	14.8%	17.1%
45 to 54	8.4%	8.7%
55 to 64	12.9%	2.0%
65 to 74	12.5%	11.9%
75 and over	3.3%	6.3%

Race & ethnicity (share)

	Cannelton	Troy
White (non-Hispanic)	92.8%	94.4%
Black or African American	2.7%	0.0%
American Indian & Alaska Native	1.7%	0.0%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	1.2%	4.3%
Hispanic or Latino	1.7%	1.3%

Educational attainment (age 25+)

Share of adults 25+

	Cannelton	Troy
No high school diploma	15.8%	5.2%
High school graduate	49.5%	33.1%
Some college or associate's	26.4%	46.2%
Bachelor's degree	6.9%	14.8%
Graduate or professional degree	1.5%	0.7%

Commute to work

How workers get to work (share)

	Cannelton	Troy
Drove alone	81.5%	84.0%
Carpooled	10.3%	10.4%
Public transit	0.0%	0.6%
Walked	4.1%	1.2%
Bicycle	0.0%	0.0%
Worked from home	2.2%	3.7%
Other means	1.8%	0.0%

Housing

Units in structure (share)

	Cannelton	Troy
1-unit, detached	62.6%	64.9%
1-unit, attached	0.0%	0.0%
2 to 4 units	10.9%	2.4%
5 to 19 units	1.1%	0.9%
20 or more units	13.3%	0.0%
Mobile home & other	12.1%	31.8%

Poverty & households

	Cannelton	Troy
Poverty rate	32.5%	8.0%
Average household size	2.27	2.75
Mean commute (minutes)	19	20
Median year structure built	1957	1963